Summary
- "Bitcoin open interest on BitMEX surged from $250 million to $291 million," it stated.
- "Bitcoin price fell by 1.60% based on the Binance USDT market," it reported.
- "The recent surge in open interest reflects increased market interest from investors," it analyzed.
On the cryptocurrency exchange BitMEX, Bitcoin (BTC) open interest (OI) has surged significantly.
On the 31st (local time), cryptocurrency analyst Ali Martinez stated on X that "over the past 48 hours, Bitcoin open interest on BitMEX has surged from $250 million to $291 million."
As of 4:37 PM, Bitcoin is trading at $81,870, down 1.60% from 24 hours ago, based on the Binance USDT market.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![[Market] Bitcoin breaks below $68,000 as losses deepen](https://media.bloomingbit.io/PROD/news/3a08fe32-6a33-4a62-bb89-4afb5c5399ca.webp?w=250)
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